Hello. Nothing has happened to it. I am still in it although, remember, that was the sep. contract quote. I tried to edit the post straight away to make it Dec quote, but by the time id realised the edit hadn't gone through, the 30min edit allowance time had gone. At the time I think the DEC was at 1129.5
Because I trade neither! I actually trade the cash market with a foreign broker (CFD broker) CMC MARKETS I quote the current contract for the benefit of the thread as I use ninjatarder charts for decisions and I know most of you trade the futures contract.. Makes it easier although I was looking at the SEP chart.
AHA! I used to do the same thing trading with IGindex, although ive just moved over to regular futures contracts now. You should too! You'll save money over teh long run if you trade any sort of size.
I have an account with them aswell. I only trade at about £5per pip so when the ES moves a full point I win or lose £50 so Im pretty small fry. I also like not paying tax, lol and free platforms and stuff, although the tiny spread would be nice. Maybe///....
Excuse my ignorance about CFD. But, if 1 ES point is worth £50 to you, why not just trade 1 ES contract? That's $50 (< £50), so even easier for sizing, right?
hmmmm...glad I stepped away and didn't miss anything. Looks like a sloppy scalpers paradise. It sure seems determined to cling to that pivot area and just under the neckline at all costs?
true. There's quite a few little differences between spreadbetting and futures trading. I do intend to change over at some point. I like not having to worry about data feeds and platform fees and tax and other things. Im comfortable for now with what im doing, but maybe in the future. I'll have to sit down and do the maths. The spreadbet vs direct access is an ongoing debate amongst european traders